Mumbai (Maharashtra) [India], February 26 (ANI): India's foreign exchange (forex) reserves rose by USD 2.762 billion to USD 632.952 billion for the week ended February 18, led by a sharp jump in the value of gold reserves, the Reserve Bank of India (RBI) data showed.
Islamabad [Pakistan], February 20 (ANI): The ruling Imran Khan-led Pakistan Tehreek-i-Insaf (PTI) government is considering a proposal to borrow gold biscuits and bars from the people to increase the country's foreign exchange reserves that remain on a sliding path despite taking over USD 5
Mumbai (Maharashtra) [India], February 19 (ANI): India's foreign exchange (forex) reserves declined by $1.763 billion to $630.19 billion in the week ended February 11 due to a sharp drop in the value of foreign currency assets, the Reserve Bank of India (RBI) data showed.
Washington [US], February 16 (ANI): Pakistan's poor foreign exchange reserves and lack of financial reforms have increased its dependency on China, according to a media report.
Mumbai (Maharashtra) [India], February 12 (ANI): India's foreign exchange (forex) reserves increased by $2.198 billion to $631.953 billion for the week ended February 4 led by a sharp increase in foreign currency assets, the Reserve Bank of India (RBI) data showed.
Beijing [China], February 9 (ANI): The central parity rate of the Chinese currency renminbi, or the yuan, weakened 84 pips to 6.3653 against the U.S. dollar Wednesday, according to the China Foreign Exchange Trade System.
Mumbai (Maharashtra) [India], February 5 (ANI): India's foreign exchange (forex) reserves declined by $4.531 billion to $629.755 billion in the week ended January 28 due to a sharp drop in foreign currency assets and fall in the value of gold reserves, the Reserve Bank of India (RBI) data sh
New Delhi [India], January 31 (ANI): India is well on track to achieve a merchandise export target of 400 billion US dollars in 2021-22 after the pandemic-induced slump of the previous year, with strong capital flows into India leading to a rapid accumulation of foreign exchange reserves,
Mumbai (Maharashtra) [India], January 29 (ANI): India's foreign exchange (forex) reserves fell by $678 million to $634.28 billion in the week ended January 21 due to a sharp decline in foreign currency assets, the Reserve Bank of India (RBI) data showed.
Islamabad [Pakistan], January 28 (ANI): Pakistan has borrowed USD 10.4 billion in the past six months, which was higher by 78 per cent over the same period of last year, as it struggled to address the growing current account imbalance and keep the debt-financed foreign exchange reserves at c
New Delhi [India], January 27 (ANI): Enforcement Directorate (ED) has seized assets worth Rs 3.19 crores belonging to three personnel of 3K Technologies Limited, a Hyderabad firm for allegedly violating the Foreign Exchange Management Act (FEMA) Act, 1999.
Mumbai (Maharashtra) [India], January 22 (ANI): India's foreign exchange (forex) reserves rose by $2.229 billion to $634.965 billion for the week ended January 14, 2022, the Reserve Bank of India (RBI) data showed.